Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

9 Months Ended

Jun. 30, 2022

The following regulatory assets and liabilities associated with Utilities are included on the Condensed Consolidated Balance Sheets:


	June 30, 2022		September 30, 2021		June 30, 2021
Regulatory assets (a):
Income taxes recoverable	$	151	$	143	$	131
Underfunded pension and postretirement plans	103		108		166
Environmental costs	34		58		58
Deferred fuel and power costs	14		11		—
Removal costs, net	22		24		24
Other	47		53		17
Total regulatory assets	$	371	$	397	$	396
Regulatory liabilities (a):
Postretirement benefit overcollections	$	12	$	13	$	12

Deferred fuel and power refunds	1		36		21
State tax benefits — distribution system repairs	34		32		30

Excess federal deferred income taxes	281		287		269
Other	8		20		2
Total regulatory liabilities	$	336	$	388	$	334

(a)Current regulatory assets are included in “Prepaid expenses and other current assets” and regulatory liabilities are included in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated Balance Sheets.

Schedule of Regulatory Liabilities

The following regulatory assets and liabilities associated with Utilities are included on the Condensed Consolidated Balance Sheets:


	June 30, 2022		September 30, 2021		June 30, 2021
Regulatory assets (a):
Income taxes recoverable	$	151	$	143	$	131
Underfunded pension and postretirement plans	103		108		166
Environmental costs	34		58		58
Deferred fuel and power costs	14		11		—
Removal costs, net	22		24		24
Other	47		53		17
Total regulatory assets	$	371	$	397	$	396
Regulatory liabilities (a):
Postretirement benefit overcollections	$	12	$	13	$	12

Deferred fuel and power refunds	1		36		21
State tax benefits — distribution system repairs	34		32		30

Excess federal deferred income taxes	281		287		269
Other	8		20		2
Total regulatory liabilities	$	336	$	388	$	334